Lump Sum Payment

Well, the lump sum payment for my next six month has hit my bank account. Wow, it looks like a lot of money and the trick is to not spend it all before the six months is up. So I have two plans.

First, I am going to move half of the lump sum payment over to another account, in another bank that I will leave until I truly need it. My goal is to not dip into this account until month five.

Second, I am going to give us the amount I will be getting on unemployment as our living expenses. This is $200 a paycheck less than what we were coming home with previouly but I think we can do it. This will give me an additional few weeks of pay and will ensure when we go on unemployment that we can survive on it. Thus giving us financial peace of mind until March 2010.

I don't know if it will work, but I'm hoping we will be able to make this plan work and will simplify, simplify, simplify...